EC31810 - THEORY OF INDUSTRIAL ORGANISATION

Module Identifier

EC31810

Module Title

THEORY OF INDUSTRIAL ORGANISATION

Academic Year

2003/2004

Co-ordinator

To Be Arranged

Semester

Intended for use in future years

Next year offered

N/A

Next semester offered

N/A

Pre-Requisite

EC30230

Course delivery

Lecture

10 Hours

Seminars / Tutorials

4 Hours

Assessment

Assessment Type	Assessment Length/Details	Proportion
Semester Exam		80%
Semester Assessment		20%

Drawing primarily on oligopoly and elementary game theory, this module introduces students to the theory underlying modern industrial economies.

On completing this module students will understand:

How and why the traditional structure-conduct-performance approach gave way to the game-theoretic 'new industrial organisation';

How, and in what circumstances, firms in oligopolistic markets can deploy strategic weapons such as price, investment, advertising, product differentiation and R and D in order to gain a competitive advantage;

This module is at CQFW Level 6